LSB Industries, Inc (NYSE: LXU) is -2.77% lower on its value in year-to-date trading and has touched a low of $6.74 and a high of $10.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LXU stock was last observed hovering at around $7.66 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $7.38, the stock is -7.39% and -12.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.45 million and changing -3.66% at the moment leaves the stock -12.14% off its SMA200. LXU registered -18.45% loss for a year compared to 6-month gain of -2.38%. The firm has a 50-day simple moving average (SMA 50) of $8.4034 and a 200-day simple moving average (SMA200) of $8.39925.
The stock witnessed a -14.39% loss in the last 1 month and extending the period to 3 months gives it a -9.78%, and is -2.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.11% over the week and 3.53% over the month.
LSB Industries, Inc (LXU) has around 586 employees, a market worth around $528.57M and $520.11M in sales. Fwd P/E is 20.58. Profit margin for the company is -2.99%. Distance from 52-week low is 9.49% and -29.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.57%).
The EPS is expected to shrink by -90.96% this year
195.0 institutions hold shares in LSB Industries, Inc (LXU), with institutional investors hold 74.13% of the company’s shares. The shares outstanding are 71.70M, and float is at 48.20M with Short Float at 4.05%. Institutions hold 54.85% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.47 million shares valued at $44.77 million. The investor’s holdings represent 7.5134 of the LXU Shares outstanding. As of 2024-06-30, the second largest holder is ROBOTTI ROBERT with 4.31 million shares valued at $35.29 million to account for 5.9233 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.02 million shares representing 4.1521 and valued at over $24.74 million, while GENDELL JEFFREY L holds 3.3641 of the shares totaling 2.45 million with a market value of $20.05 million.
LSB Industries, Inc (LXU) Insider Activity
Still, SEC filings show that on Aug 01 ’24, Foster Michael J. (Officer) Proposed Sale 36,000 shares at an average price of $10.00 for $0.36 million. The insider now directly holds shares of LSB Industries, Inc (LXU).
